MIL-OSI Banking: Gigaset AG: BaFin imposes administrative fine
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Gigaset AG: BaFin imposes administrative fine On 24 October 2018, BaFin imposed administrative fines amounting to 135,000 euros against Gigaset AG. The administrative fine order related to a breach by Gigaset AG of Article 17 (1) first subparagraph of the Market Abuse Regulation (MAR). Gigaset AG failed to publish an […]
Read More →MIL-OSI Translation: Bank stress test: From the point of view of Raimund Röseler, the stress scenario is plausible. In addition, however, other constellations are conceivable.
MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: Bank stress test: From the point of view of Raimund Röseler, the stress scenario is plausible. In addition, however, other constellations are conceivable. The results of the EU bank stress test 2018, published on 2 November by the European Banking Authority […]
Read More →MIL-OSI Translation: Bank levy 2019: Electronic registration on BaFin homepage possible
MIL OSI Translation. Region: Germany / Germany – Source: Federal Financial Supervisory Authority Headline: Bank levy 2019: Electronic registration on BaFin homepage possible For the first time, the reporting of the bank levy will be done via the MVP portal, the reporting and publication platform on the homepage of the BaFin. The specialized procedure “bank […]
Read More →MIL-OSI Banking: United Battery Metals Corp. (ISIN: CA9095801028): BaFin warns of buy recommendations for shares
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: United Battery Metals Corp. (ISIN: CA9095801028): BaFin warns of buy recommendations for shares According to information available to the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin), buy recommendations are currently being issued for shares in United Battery Metals Corp. (ISIN: CA9095801028) on a large scale via e-mail newsletters. […]
Read More →MIL-OSI Banking: Financial stability between aspiration and reality – how predictable is the next crisis?
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Financial stability between aspiration and reality – how predictable is the next crisis? Check against delivery. How predictable is the next crisis, ladies and gentlemen? Very, to some extent, or not at all? It is a well-known fact that, given three possible answers, people tend to choose the middle option. […]
Read More →MIL-OSI Banking: Finatex Ltd.: BaFin orders the cessation of cross-border proprietary trading
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Finatex Ltd.: BaFin orders the cessation of cross-border proprietary trading In a notice dated 2 October 2018, BaFin ordered Finatex Ltd., United Kingdom, to cease cross-border proprietary trading immediately. On its trading platform, www.crypto-capitals.com, Finatex Ltd. offers options and contracts for difference (CFDs) on shares, indices, currencies and commodities. In […]
Read More →MIL-OSI Banking: Product Governance
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Product Governance At a glance:Product governance The keyword “product governance” covers numerous MiFID II requirements for financial instruments and structured deposits. The long form of this term is “product oversight and governance” (POG). This brings together new rules that affect almost the entire financial sector. The area that POG has […]
Read More →MIL-OSI Banking: There already is a ”small insurance box” – Dr Frank Grund on Solvency II and other key topics of the upcoming annual conference
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: There already is a ”small insurance box” – Dr Frank Grund on Solvency II and other key topics of the upcoming annual conference Why is retirement provision such an important topic for this year’s Annual Insurance Supervision Conference? In Germany, retirement provision, which is offered in addition to statutory pensions, […]
Read More →MIL-OSI Banking: Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Deutsche Cannabis AG
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Publication of financial reports: Federal Office of Justice imposes disciplinary fine against Deutsche Cannabis AG The disciplinary fine order related to a breach of section 325 of the German Commercial Code (Handelsgesetzbuch – HGB) by Deutsche Cannabis AG. Deutsche Cannabis AG had failed to submit its accounting documents for the […]
Read More →MIL-OSI Banking: Biovolt AG (ISIN: CH0328339665): BaFin warns of buy recommendations for shares
Source: Bundesanstalt für Finanzdienstleistungsaufsicht Headline: Biovolt AG (ISIN: CH0328339665): BaFin warns of buy recommendations for shares According to information available to the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin), buy recommendations are currently being issued for shares in Biovolt AG (ISIN: CH0328339665). BaFin has evidence indicating that these buy recommendations contain false or […]
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